Insurance
Chubb reports significant wildfire impacts on first-quarter results

By comparison, Chubb’s net income was $9.27 billion, or $22.70 per share in fiscal 2024, and its core operating income was $92 billion, or $22.51 per share. The consolidated net premium was $51.5 billion, an increase of 8.7%, P&G rose 9.6%, and life insurance rose 15.7%. This year’s P&C merger ratio is 86.6%.